What Is Supplemental Insurance?
It encompasses all types of insurance that complement health insurance, including life, dental, critical illness, cancer, and more. Basic health insurance may not be enough to cover for the expenses arising from unexpected health issues, injuries, and unwelcomed events alike, but supplemental insurance policies can help you deal with almost any potential adversity, protecting you from the unexpected at all times.
What Does It Cover?
Adding an extra layer on top of your primary health insurance coverage, supplemental insurance can include dental/vision/life insurance, short-term and long-term disability insurance, and many other types. You can insure almost anything that can be insured, but it would only be wise – assuming your budget is limited – to assess which insurance services you need in the first place.
For How Much Can You Buy It?
It will depend on the type of insurance and the extent to which it is provided, as well as your age, location, and other factors. For example, the average monthly cost of the Medicare Plan F in Palm Harbor would be about $200 for both males and females aged 65; the cost of the same package for females aged 75 – about $250; the cost of the same package for males aged 75 – $275. In New York, the cost of the Medicare Plan F would be the same for both females and males of 65 to 75 years of age.
